Definition, Meaning & Synonyms
underbudget
verb
/ˌʌndərˈbʌdʒɪt/
Definition
To allocate or spend less than the allotted budget for a project or expense.
Examples
- The team managed to underbudget the renovation, allowing them to save funds for future projects.
- By carefully tracking expenses, they were able to underbudget the event planning.
Meaning
The term refers to the act of spending less money than what was originally planned or allocated for a specific purpose.
Synonyms
- Save money
- Cut costs
- Economize
- Spend less
